Lloyds Banking Group Announces Additional 3,000 Job Cuts Post-Brexit
Posted: Wed Jul 27, 2016 10:35 am
It has been over a month since the Brexit referendum shocked the financial world, however some companies, including UK lenders, have found it harder to adapt to the post-Brexit world than others. The week has been defined by earnings from leading European banks – yesterday, Deutsche Bank’s earnings sent shockwaves through the financial community, warning of deeper cuts to personnel.
Lloyds Banking Group has now found itself in a similar situation, as the Brexit has conspired to bog down the bank’s earnings. To date, UK lenders such as Deutsche Bank, Standard Chartered and Barclays have led the charge, leading ... ([url=http://www.financemagnates.com/institutional-forex/brokerage/lloyds-banking-group-announces-additional-3000-job-cuts-post-brexit/]read more)